If your clients objective is to have $10,000 in four years, how much should he invest today

Question:

If your client’s objective is to have $10,000 in four years, how much should he invest today in a product earning 5.5% compounded annually? (Taken from CIFP course materials.)
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: